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SiriusXM to redeem 8¾% senior notes due 2015 via new note offering
By Tali David
Minneapolis, July 29 - Sirius XM Radio Inc. plans to redeem its outstanding 8¾% senior notes due 2015 with the proceeds of a new senior notes offering, according to a press release.
The company will also use cash on hand for the redemption.
SiriusXM is a New York-based satellite radio provider.
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